RENK Group AG (WBO:RENK) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is RENK Group AG Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. RENK Group AG's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RENK Group AG is 4.29, which seems too high.

The historical rank and industry rank for RENK Group AG's Dividend Payout Ratio or its related term are showing as below:

WBO:RENK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4.29
Current: 4.29

During the past 3 years, the highest Dividend Payout Ratio of RENK Group AG was 4.29. The lowest was 0.00. And the median was 0.00.

WBO:RENK's Dividend Payout Ratio is ranked worse than
98.55% of 138 companies
in the Aerospace & Defense industry
Industry Median: 0.315 vs WBO:RENK: 4.29

As of today (2024-12-14), the Dividend Yield % of RENK Group AG is 1.52%.

During the past 3 years, the highest Trailing Annual Dividend Yield of RENK Group AG was 1.63%. The lowest was 1.11%. And the median was 1.33%.

RENK Group AG's Dividends per Share for the months ended in Sep. 2024 was €0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

RENK Group AG Dividend Payout Ratio Historical Data

The historical data trend for RENK Group AG's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RENK Group AG Dividend Payout Ratio Chart

RENK Group AG Annual Data

Trend

Dec20

Dec21

Dec22

Dividend Payout Ratio

RENK Group AG Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial					-	-	-	2.73	-

Competitive Comparison of RENK Group AG's Dividend Payout Ratio

For the Aerospace & Defense subindustry, RENK Group AG's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RENK Group AG's Dividend Payout Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, RENK Group AG's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where RENK Group AG's Dividend Payout Ratio falls into.

RENK Group AG Dividend Payout Ratio Calculation

RENK Group AG's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0	/	0.283
	=	0.00

RENK Group AG's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	-0.01
	=	N/A

RENK Group AG (WBO:RENK) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

RENK Group AG Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of RENK Group AG's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

RENK Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RENK Group AG (WBO:RENK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

R3NKd:UK R3NK:Germany

Address

Gogginger street 73, Augsburg, BY, DEU, 86159

Website

https://www.renk.com

RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from America and the rest from Germany, Asia, Africa, other European countries, Australia and Oceania.

RENK Group AG Headlines

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